SB 2044: DORMANT CAPTIVE INSURANCE COMPANIES; GROSS PREMIUMS TAX; MEETING REQUIREMENT; EXEMPTION

Session Year: 2025-2026
House: Senate

Current Status:

In Progress

(2026-01-28: The committee(s) on CPN has rescheduled its public hearing to 01-29-26 10:00AM; CR 229 & Videoconference.)

Introduced

First Committee Review

First Chamber

Second Committee Review

Second Chamber

Final Decking

Enacted

Version:

Exempts a dormant captive insurance company that has been issued a certificate of dormancy from certain taxes and the requirement that its governing body hold at least one meeting each year in the State.

Discussed in Hearing

Senate Standing Committee on Commerce and Consumer Protection

56SEC

Jan 29, 2026

Senate Standing Committee on Commerce and Consumer Protection

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SB 2044: DORMANT CAPTIVE INSURANCE COMPANIES; GROSS PREMIUMS TAX; MEETING REQUIREMENT; EXEMPTION

Current Status:

Senate Standing Committee on Commerce and Consumer Protection

News Coverage: